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Tenant loans are loans tailored to people who are non homeowners. People living with parents or private tennants or council
tenants with right to buy disount
looking for a company who will offer you an unsecured loan or a right to buy loan would also come under this category. Lenders will assess
tenant loans differently
from secured loans because you do not own a property you may not have a long credit history that shows your ability
to make regular repayments to creditors. If you are still living at home with parents you may not even be able to prove
your rent payments have been made correctly and on time.
Lenders look upon tenant loans as higher risk because there is a lack of credit history on your credit record that
demonstrates what type of consumer you are. Also there is no security for the lender to use in support of your
tenant loan application. Because they class it as higher risk lending they often tend to ask for more information
such as details of your employment etc.
We understand that people have different circumstances and not everyone has perfect clean credit history.
What ever your situation we will try to help you. If you are looking for a fast decision on your tenant loan, small loan or big loan,
look no further.
If you are looking for loans for tenants and require access to a range of options including the best rates and best
tennant loan schemes we feel that our site will provide you with a valuable resource to help you access what is on offer because we introduce to
companies who assess your case with panels of lenders.
They have a professional manor and are eager to help you arrange your tenant loan quickly and without the delay or the
hassle you may have experienced in the past. We are certain you will be impressed by how much you could save by
taking advantage of low cost tenant loans.
You may want to add us to your favorites so that you can revisit us if you are shopping around.
Brief information about tenant loans
- The cash from a tenant laon can be used for any purpose, for example debt consolidation, purchasing a vehicle or a
boat or a motorbike, going on holiday, cash to help you through Christmas or Birthdays, weddings, home improvements
- Using the tenant loans money for debt consolidation will mean that you are taking control of your finances and making life much
easier with just one single payment rather than payments to lots of different creditors each month.
- Insurances can be taken to protect you against unlikely but very detrimental events that you may not be able to
avoid, such as redundancy, hence giving you peace of mind.
- Keeping up regular repayments could help to prove that you are a good consumer to creditors that you apply to in the future
improving your credit rating
What are your chances of getting one of our tenant loans?
Look at the following statements, the more statements that you are able to agree with, the better position you
will be in to obtain one of our loans for tenants;
- You have payslips to prove your regular income
- You have lived at your home address for over 12 months
- You have your own bank account in the UK
- You have been paying utility bills or credit card and store card bills regularly
- You have no CCJs, Arrears, Bankruptcy, IVAs
If you don't rate your chances because of what has been written above about UK tenant loans, try here anyway, what have you got to lose? You might
be surprised - lenders may be able to help regardless of your employment - people on DSS benefits, disability benefit, self employed.
Sending your tenant loans enquiry takes just a few seconds, you can see how short it is (on the right hand side). You should not have
to wait long for a decision.
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